A measure of economic activity in Colorado, Utah and Wyoming rose in September for the 35th straight month.
The of the mountain states rose to 61 in September from 59 in August. The index considers a score of 50 as growth neutral. Any score above 50 indicates economic growth over the next three to six months.
The index is based on new orders, production or sales, employment, inventories and delivery lead time.
“Energy and exports continue to fuel expansions among the region’s durable and non-durable goods manufacturers. The growth gap between the Mountain States’ economy and the U.S. economy is widening as the national economy continues to slow,” Goss Institute for Economic Research director Ernie Goss said in a statement.
Steve Raabe: 303-954-1948, sraabe@denverpost.com or twitter.com/steveraabedp
